Posts Tagged ‘FOX Business’

Oil, Soybean Market Maneuvers and Manipulation Reveal Broader Concerns for MHVille

December 27th, 2018 Comments off



Thousands of new manufactured homes go into rural areas, as public officials who are members of both major political parties have noted.



Manufactured homes, and other forms of factory-built housing, also routinely are sold into areas where new energy production is taking place.  So these trends have an industry impact.

Whatever one’s position on the Trump Administration, trade policy – or on energy policies in general – may be, what’s evident from a close consideration of the video and commentary that follows is that domestic and global giants arguably use various maneuvers to artificially manipulate markets.  That in turn creates ‘winners and losers.’

The losers tend to be smaller businesses, and individuals.




Additionally, how news reports are framed influences perceptions.  Those perceptions in turn may scare or motivate investors.  Both left-of-center CNBC and right-of-center Fox News have spotlighted commentary that have made that very point recently.


The Strongest Economic Engine?

It’s a routine refrain that small businesses – not big ones – collectively are prime generator of jobs and economic growth.


But frankly, members of the major parties tend to give more credence to what big business desires than what smaller operations do.

One could make the case that it isn’t the ‘Citizen’s United’ Supreme Court decision that is corrosive of politics, but more accurately, it’s the influence of big, often monopolistic forces that seeks to dominate politics, capital, and economic policies.

In manufactured housing, that tendency to give preference to big operations over smaller ones has arguably led to serious consolidation within the industry.  That consolidation is most evident in the manufactured housing production side, but is also at play in the retail and community sectors too.



Note: Clayton claims in their 2017 annual report to have ‘only’ 47.7% of the manufactured housing market. But Berkshire Hathaway reports don’t make that point clear. Be it roughly 48 percent or 50 percent, Clayton clearly has an outsized influence on the manufactured housing marketplace. That in turn arguably distorts lobbying, media, capital, financing, and other influences on the most affordable kind of permeant housing built in America.

So monopolization isn’t just a manufactured housing issue, as the recent New York Times analysis on the increasing monopolization of America spotlighted.  For more on the ‘consolidation’ trend in other industries, see the related reports below the byline and notices.

With that backdrop, let’s view through the lens of ‘manipulation of market forces’ and how ‘perception vs. reality’ become drivers.  Because that’s logically being revealed in the pull-quotes below from PRICE Futures Group senior analyst Phil Flynn today on Fox BusinessWe’ll conclude with a simple pensée after the quotes from Flynn.



  • Yet in oil, and in markets in general, it is perception and not necessarily reality that drives prices.
  • In response to the promise by President Donald Trump to reduce Iranian exports to zero, OPEC raised oil production and U.S. oil producers moved to ramp up production.
  • Many times, a drop in the price of oil sparks warning signals that something is amiss in the global economy, and worries about a trade war, rising interest rates and a government shutdown mixed in all led to a fear that everything would soon come off the rails.
  • The sharp drop in the oil price is one reason many people lost faith in the stock market, because if oil was floundering so too must everything else.
  • Oh sure, there were fears of a slowing economy in China and in Europe, but if you look at the number of barrels imported and consumed, from an oil standpoint any slowdown was negligible.
  • In fact, in the U.S. demand for total oil products is at an all-time high.


On Christmas Eve, a Fox Business commentator estimated that approaching $7 trillion dollars in value have been sapped from the markets since the fall 2018 market slide began.

Yet, as MHProNews and others have documented repeatedly, economic indicators are overall sound.

Who does those trillions of lost value harmed the most?  Arguably, it’s the smaller holders of investment instruments – such as 401Ks – by those on main street, suburbia, and Americans beyond Wall Street and the billionaire class.

The Trump Administration, Democrats, and some voices in progressive and conservative circles alike have raised the vexing issue of monopolies.  Monopolies and mega-corporations adversely impact speech, media, the markets, and politics, they say.  Set aside partisan positions and labels by stating facts and evidence without political spin, and perhaps 70 to 80 percent of the nation could come together on certain core issues.


Will the gaps between the President Trump led GOP, and Democrats be bridged in 2019 in ways that will produce #OpenMarkets via #Antitrust action?

In our industry and others, a study of the issues reveals significant evidence pointing to how that would be for majority of the U.S. population.  Save, of course, for those who believe they benefit from monopolistic practices. That’s News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News , analysis, and commentary.)



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Related Reports:

You can click on the image/text boxes to learn more about that topic.

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant


Darkest, Shortest Day 2018, Markets Dump, Apt Rentals Bump, Housing Slump$


Zillow Research Reveals Impact of Rising Rents on Homelessness, Affordable Housing Advocates, Public Officials, and Investors Take Note


Optimism Among U.S. Manufacturers at Record High Heading into 2019

Legends, Battle of Bedford Falls, and Christmas in Affordable Housing’s MH Land






Celebration, Fact Check$, Plus Small Biz Nuts and Bolts on 2018 Tax Changes

January 3rd, 2018 Comments off

TestingTaxCutsCBSDailyBusinessNewsMHProNewsThe National Federation of Independent Business (NFIB) issued the following statement in a release to MHProNews.

President and CEO Juanita Duggan, speaking about the on Tax Cuts and Jobs Act becoming law:

NFIB fought for decades for a real tax cut for small business owners. The Tax Cuts and Jobs Act dramatically improves the way small businesses are treated, delivering hundreds of billions of dollars in tax cuts,” she said.

Small business optimism has been near record highs all year long in anticipation of this moment. Starting in 2018, millions of small businesses will have substantially more money to convert their optimism into investments. They can buy new equipment, increase inventory, pay workers more, create new jobs, and engage in the economic activities that drive the U.S. economy,” per Duggan’s statement.

VPMikePenceNFIBPresidentJunaittaDugganSmallBusinessConfidenceThe Tax Cuts and Jobs Act is a once-in-a-generation achievement. This is a historic day for small business and the country. We are grateful to President Trump for his leadership on this issue, which started even before he took office. Today he fulfilled his promise to cut taxes for American small businesses,” according to the NFIB.

From left-of-center CBS, we learn that the tax cut bill will in fact help the middle class.

As regular Daily Business News readers know, NFIB has over 300,000 members, hundreds of whom are reportedly from the manufactured home industry.

While the tax law will bring changes that are routinely being celebrated, per experts, as good for the middle class and small business, understanding the changes can help maximize benefits for small businesses.

The right-of-center Fox Business video above may prove useful. ## (News, analysis, commentary.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)


Submitted by Soheyla Kovach to the Daily Business News for

In a Divided America, Presidential Interview on Tax Reform, His Social Media Habits, More

October 23rd, 2017 Comments off

MariaBartirmoInterviewPOTUSDonaldTrumpDailyBusinessNewsMHProNEwsWhat we learn from history is that people don’t learn from history.”

– Warren Buffett


Chains of habit are too light to be felt until they are too heavy to be broken.”

Warren Buffett, Chairman of Berkshire Hathaway, parent to several manufactured home industry production, finance, retail and supplier operations.


Almost a year has gone by since the historic 2016 election took place.

The nation is divided, both the left, right and routinely polarized media agree on that point.


Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. For background on her left-right media spin chart, click here

Even within the political parties, there are fissures.

Republicans may be mostly united behind the president’s agenda, but the ObamaCare repeal and replace effort showed that there was just enough disunity in party ranks to keep their own multi-year promise from being passed into law, at least yet.

Meanwhile, Democrats are struggling to find a message that will improve their largely lagging fundraising compared to the GOP, and the reverse their 100 percent defeat record in special elections since President Trump took office.


And while the nation is fed a steady diet of reports that pollsters say imply that millions believe that ‘fake news’ abounds regarding the president and other issues, as the Daily Business News has been reporting for months, there are also widespread signs that confidence in the economy and business are at levels not seen in over a decade.


Featured image credits, Ozy Media, MHProNews. 

NFIB, NAM, Others in Business Promoting Tax Reform, Tax Cuts

It is against the dramatic backdrop of promises to overhaul and cut taxes that Maria Bartiromo of Fox News interviewed the president in a segment that aired on Sunday.


Former Speaker of the House, Newt Gingrich – whose wife Calista was recently appointed to be the U.S. Ambassador to the Vatican – reacted to several topics about the president, POTUS Trump’s style, and how Gingrich sees the Trump agenda moving ahead, or not.


Hillary Clinton Reaction to Trump, Recent Controversies Video

With the budget deal done, the push toward tax reform now takes center stage.  Will it happen at all?  Or can it be accomplished before Christmas?  Time will tell. “We Provide, You Decide.” ## (News, analysis.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for

(Note: See Soheyla Kovach recent op-ed, linked here. Soheyla is a co-founder of LifeStyle Factory Homes, LLC – the parent to and – and is a managing member.)


Google’s Going Modular Housing

June 15th, 2017 Comments off

GoogleGoingModularMercuryNewsManufacturedModularIndustryDailyBusinessNewsMHProNewsAs Matthew Silver and RC Williams have previously reported, the San Francisco Bay Area is no stranger to high housing costs, and the fact that several are turning to manufactured, prefab and modular projects to help meet their needs.

So, it’s no surprise that as Google, like other employers, are struggling for affordable housing for workers, that the tech giant is turning to prefab/modular construction to help meet their needs.

The tech giant plans to buy 300 units of modular housing to serve as temporary employee accommodations on its planned “Bay View” campus at NASA’s Moffett Field,” says the Mercury News.

Google thinks the savings may be in the 20-50% range over conventional building. While that would seem high to those in the factory built housing world, given the soaring costs in the Bay Area, might that be possible?

JohnIgoeManufacturedModularHousingDailyBusinessNewsResearchReportsDataMHProNewsAnything that can help us to move forward with a greater knowledge of how we can produce housing GoogleGoingModularMercuryPrefabWorkersApartmentsNewsManufacturedModularIndustryDailyBusinessNewsMHProNewsmore effectively is something we’re interested in,” said John Igoe, director of design and construction at Google, per Fox Business. “We absolutely are confident that it will work. Hopefully it doesn’t become false bravado.”

The deal is likely to be in the $25 million to $30 million range, said Rick Holliday, founder and chief executive of Factory OS. It would be that firm’s first order for the company.

Modular housing could be “a real game changer” for the Bay Area affordable housing crunch, said Matt Regan.  He’s the  senior vice-president of public policy at the Bay Area Council.  Google is a member business in that group.

In the factory environment you have more controls and more oversight, and it’s more efficient,” Regan said.

The end product is of the highest quality. It’s impossible to tell the difference between a modular construction project and a traditional project, other than that the modular goes up much quicker.”

What seems certain is that the status of factory building will get a lift from this and other projects, here in the U.S., and around the world. ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.




Homebuilder Confidence Plunges, Golden Opening for Manufactured Housing

May 17th, 2017 Comments off

Is a “bust” in retirement funds a potential “boom” for manufactured housing? Credits: Forging Magazine, RetireNet.

Recently released data from the National Association of Home Builders (NAHB), shows that the 55+ Housing Market Indexes (HMI) for single family homes posted significant declines in all three components in the first quarter of this year.

According to Consumer Affairs, the HMI’s for present sales dropped 12 points to 62, expected sales for the next six months was down seven points to 68 and traffic of prospective buyers fell 15 points to 34.

We saw an unusually high 55+ single-family HMI in the 4th quarter of 2016 due to a post-election surge in optimism. As this wears off, confidence is returning to a more sustainable level,” said NAHB Chief Economist Robert Dietz.


Robert Dietz. Credit Twitter.

Although builders are struggling with shortages of labor and lots, as well as higher lumber prices, market conditions on balance remain favorable, and we expect solid growth in the 55+ housing sector.”


The Real Cause for Concern – a One-Two Punch?

While Dietz sees solid growth ahead, bigger issues are in play.

According to FOX Business, a GOBBankingRates survey showed that one out of every three Americans has absolutely nothing saved for retirement.


Credit: GoBankingRates.

Additionally, the average 50 year old only has about $60,000 saved for retirement, and 47 percent of single seniors are almost completely dependent on Social Security. Twenty-two percent of married couples have the same challenge.

With an average of 10,000 baby boomers turning 65 everyday, and many not having the resources to maintain the lifestyle to which they are accustomed, a crisis looms… including affordable housing.


A Manufactured Housing Boom?


Stan Posey, Sales Manager, Sunshine Homes.

As MHProNews and MHLivingNews continue to make the case for manufactured housing as a viable solution to hope for the American Dream of home ownership, it also represents an opportunity for those headed into retirement to downsize into a quality residence at a reasonable price. And some in the industry see the opportunity clearly.

When the National Association of Realtors chief economist says there are more buyers than existing homes available on the market, that should be a huge signal to manufactured and modular home professionals,” said Stan Posey, sales manager at Sunshine Homes of Red Bay, AL.

We build residential style homes that target the site-built customer,” Posey said.Some of our retailers and communities are doing very well by targeting the site-built customer.”

One of those retailers is Stan Dye of Star Homes.


Stan Day, Star Homes, Cullman AL at top left. Sunshine Homes model SHI3270-303.

Dye told Inside MH recently that about 70% of their buyers first owned a conventional stick-built house.

The upside opportunity is clearly immense in the residential side of the manufactured home industry,” Posey told MHProNews.

That, combined with our marketing and sales support to independent retailers and communities, are factors why Sunshine Homes is growing significantly faster than the overall growth rate of the industry at large.

For more on manufactured housing as America’s solution to the American Dream, and retirement, click here. ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)



RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.


(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to of the exact page you’ve placed/posted such a use, once posted.)

Harvard Study, Baby Boomers to Spark Affordable Housing Boom

January 17th, 2017 Comments off

Credit: FOX Business.

As “baby boomers” eye retirement in large numbers, builders believe that they could jumpstart an affordable housing boom.

Per FOX Business, a report by the Harvard Joint Center for Housing finds that by 2035, more than one in five people in the U.S. will be aged 65 and older and one in three households will be headed by someone in that age group.

The report, entitled “Projections and Implications for Housing a Growing Population: Older Adults 2015-2035,” notes the growth will increase the demand for affordable, accessible housing that is well connected to services beyond what the current supply can meet.

Current census data shows that incomes drop significantly after the age of 75, from an average of $54,000 per year to $36,000 per year. Data also shows that this segment spends more than one-third of their income on housing.

Right now, more than 19 million older adults live in unaffordable or inadequate housing, and that problem will only grow worse in the next two decades as our population ages,” said Lisa Marsh Ryerson, president of AARP Foundation.

When asked what these numbers mean for the real estate industry, Lukas Krause, CEO of Real Property Management provided this response:


Lukas Krause. Credit: Real Property Management.

People currently over the age of 55 have saved only $150,000 for retirement, per Fidelity and Vanguard estimates. This savings amount will generate only $500 per month in income, if the recommended 4% withdrawal standard is followed,” said Krause.

Social Security pays an average of $1,294 in benefits to retirees, so average monthly income will be $1,794 or $21,528 per year. If 34% – 38% is spent on housing, the average retiree will have a housing budget of $610 – $682 per month – half of todays average apartment rental cost of $1,100 per month. This means cohabitation and new forms of housing will be needed in the future.  It also means that retirees who have not already purchased a home, will be unlikely to afford one.


Manufactured Housing to the Rescue

As Daily Business News and MHLivingNews readers are already aware, manufactured homes provide the ideal solution to the challenges of affordable housing by delivering high quality quickly, and at significantly less cost than traditional site-built houses.


See the video and report by clicking the image above. Photo of Lois Renquist. credit: SFChron. Text credit, MHLivingNews.

Overcoming the challenge of the stereotypes that plague the industry are now front and center in light of the rapidly retiring baby boomer population. Lois Renquist, a poet laureate who resides in the San Francisco Bay Area, has had to deal with those stereotypes in response to her recent downsizing.

I’m downsizing for the second time, and some folks think I’m ‘stepping down,’” said Renquist.

Rancho Benicia is a highly rated and gated retirement community (55 and older only), very well kept, with a pool and hot tub, a clubhouse and many activities for the residents. It’s almost crime free. It’s a mobile home park. A block from the Benicia Marina, it’s often seen as another world.

‘Trailer trash? Is that what you’ve come to?’ someone asked.

‘That’s really stepping down,’ my brother, who lives in Idaho, said.

You can find the full story, along with the story of Terry Reynolds, whose home is located in a development with conventional houses that he says range from $300,000 to $400,000, double or more what he has invested in his home. Yet visitors to his home can’t tell the difference between his residence and that of others in the same location, linked here. ##

(Editor’s note: those same stereotypes that hamper manufactured home acceptance with boomers are slowing millennials from accepting manufactured housing too, see a report, linked here.

Fortunately, their are industry leaders who seek to change those realities.  For some examples, see the new report, linked here.)

(Image credits are as shown above.)


RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.